A bit of info. from their note card: "....You are hunting for a Giftie GEAR that is similar to the one which you will see hovering near Hunt Signs. This one you are looking at is called the HINT GEAR or HINT OBJECT.
Each shop will have a hunt sign within view of where you land. A "HINT GEAR" (like this one) should be on it or near it, except for those shops that participate in many hunts and may have a separate multiple hint giver. Look for these!
.....Refer to the blogs for help and interesting articles as well as pictures of some of the prizes:
Please feel free to explore the 12 sims of Mieville!"
This is always a great hunt, so in this their 8th year I'm sure it will continue to impress. Have fun!